Common use of Fees, Taxes and Monthly Charges Clause in Contracts

Fees, Taxes and Monthly Charges. 4.1 LEASE FEE, TAXES AND SHARED COSTS The Lessee shall pay a monthly Lease Fee to the Lessor. The monthly Lease Fee payment shall be calculated in a separate document drawn between the Lessor and Lessee. See Addendum: Lease Fee Summary of Monthly Charges for the calculation of these charges as of the date of this Lease. The fee will include the Lessee’s portion of town taxes on the buildings/improvements and the land, as well as shared costs incurred in managing the land of which the Leasehold is a part if applicable. Monthly charges for shared costs may include a management fee for office and staff, fees for bookkeeping, water and sewer, driveway maintenance, snow plowing, mowing or insurance. These shared expenses are derived from the Land Use Plan and, if one exists, the Land Management Plan, as well as this Lease Agreement. All tax bills and invoices for additional monthly charges for shared expenses will be available for the Lessee’s review.

Appears in 9 contracts

Samples: Residential Lease Agreement, Residential Lease Agreement, Residential Lease Agreement

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